11, Derwent Terrace
11, Derwent Terrace
Description & Estimates
Public records show 11, Derwent Terrace, Washington to be a period leasehold apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
11, Derwent Terrace, Washington has an estimated sale value of £81,809 and an estimated rental value of £487 per month, assuming reasonable condition and based on the information available.
Derwent Terrace, Washington, NE38 lies in the borough of Sunderland, within the NE38 postal district.
Our Data Sources
11, Derwent Terrace, Washington has 31 entries in the Land Registry , most recently in March 2007 and a single entry in the EPC database dated July 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 11, Derwent Terrace, Washington would be worth £85,899, with a potential rental value of £512 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £76,082, with a rental value of £453 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 11, Derwent Terrace, Washington has decreased by £615 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £12 (2.5%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
11, Derwent Terrace, Washington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
11, Derwent Terrace, Washington last changed hands on 2nd March 2007, selling for £88,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 19.8% since March 2007.
- Sold Mar 2007£88,000
- Sold Dec 2005£84,500
- Sold Jun 2003£48,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 11, Derwent Terrace, Washington across the last 2 years.
Most recently, 8, Derwent Terrace, Washington, NE38 7AT, a leasehold flat, sold at £70,000 on the 15th March 2024.
Read more about house prices in NE38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 11, Derwent Terrace, Washington as the 30th largest and the 30th most expensive of the 43 addresses on Derwent Terrace, Washington, NE38.
Against the NE38 postcode district average, it is £65k less expensive than the typical property.
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Schools Nearby
- 100mJohn F Kennedy Primary School
- 500mBarmston Village Primary School
- 800mBiddick Primary School
- 800mBiddick Academy
- 1.2kmSt Robert of Newminster Catholic School and Sixth Form College, Washington
- 1.5kmWashington Academy
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Public Transport Nearby
Chester-le-Street station is the nearest stop to 11, Derwent Terrace, Washington at 6.3 kilometres away.
- 6.3kmChester-le-Street
- 6.7kmHeworth
- 8.3kmSunderland
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
